Business
FG to Charge 7.5% VAT on Mobile Transfers and USSD from January 19
From January 19, 2026, Nigerians will start paying a 7.5% Value Added Tax (VAT) on certain banking services, including mobile transfers, USSD transactions,...
Global Backlash Forces X to Restrict Grok After AI-Generated Sexual Images Spark Alarm
Technology company X, owned by U.S. billionaire Elon Musk, has announced new restrictions on its artificial intelligence chatbot, Grok, following widespread global outrage...
Budget Office: ₦246bn NEDC Allocation Not Just for Salaries
The Budget Office of the Federation has clarified that the ₦246.77 billion allocated to the North East Development Commission (NEDC) in the federal budget...
“University Lecturers Get 40% Pay Hike as FG Introduces Professorial Allowance”
The Federal Government of Nigeria has approved a 40 per cent salary increase for university lecturers in federal institutions as part of a...
TCN Completes Upgrade, Restores Full Power to Taraba State
The Transmission Company of Nigeria (TCN) has successfully restored electricity to Taraba State, including the state capital Jalingo, after completing a major upgrade...
Low‑Income Nigerians Urged to Benefit from Tax Relief Amid 2026 Reforms
As Nigeria implements its new tax reform in 2026, a prominent Abia State politician and medical doctor, Chief Dr. John K. Nwadinobi, has...
Asian Markets Climb as Tokyo Gains on Japan Election Speculation
Asian financial markets mostly rose on Wednesday, buoyed by gains in Tokyo shares amid investor speculation that Japan’s prime minister may call a...
Tax Reform Faces Backlash as Oyedele Says He’s Received Threats While Pushing Overhaul
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says his leadership of Nigeria’s ambitious tax overhaul has drawn...
